Navigating the Complicated World of Bankruptcy

Just the act of a bankruptcy filing can make some people feel embarrassed, but that might pale in comparison to the thought of making an appearance in public before a bankruptcy judge. You already feel a bit sheepish about your financial situation, and you know that taking responsibility for your situation is important. Fortunately, this dreaded appearance in bankruptcy court is usually nothing to be worried about, so read on to learn more about your chapter 7 federal meeting, known as the creditor’s meeting.…

Chapter 13 bankruptcy is a type of bankruptcy that allows you to repair your credit by repaying some of your debt. Chapter 13 bankruptcy is best for those with a high income or with many assets that can be liquidated. If you are trying to decide whether or not to file chapter 13 bankruptcy, here are some of the advantages and disadvantages for you to consider.
Advantages
Avoid Foreclosure…

Most people who receive Social Security disability (SSDI) payments are living from one paycheck to the next. Unfortunately, sometimes the disability payments are not enough to cover all the bills they have accumulated. Because of this, sometimes people who are receiving SSDI are threatened with garnishment by creditors for debt repayment. Thankfully, there are several ways you can protect your SSDI from garnishment. Here’s what you need to know.
Set Up an Electronic Transfer Account…

About Me

In poor economic times, many families must face filing for bankruptcy. My name is Jennifer Adams, and I work as an attorney who helps people dig themselves out of a financial hole through bankruptcy. Many people don't understand that there are different types of bankruptcy. An attorney like myself can help you understand which type is best for your family as well as answer questions about keeping your property and which debts you will still be required to pay. In this blog I will address the different types of bankruptcy and explain how each one works and how to know which is the right choice for you.